TomProTrader

#USDCNH: Action Level, Key Opportunity For Bears To Short!

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FX:USDCNH   U.S. Dollar/Chinese Yuan
9
After a nice bounce on the sideways resistance level, there was multiple bearish candlesticks in this range, it's clear we are going to see a nice breakdown into the lows, the way the 50 moving average was cleared, fully expecting a breakdown impulse from this level into the lows of the range. I hope you have a tested trading strategy to trade this move when it starts.
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